New Market Research Report: Bags and Luggage in Hong Kong, China
Bags and luggage sales had a poor performance in 2012. The poor global economy contributed partly to the significant drop in sales value. Consumption was also affected by the poor performance of both the Hong Kong and Chinese stock markets. In addition, a series of anti-corruption campaigns and political events occurred in China that destroyed the consumer confidence of the mainland Chinese tourists who were regarded as the consumption stalwarts of the Hong Kong retail market in the review...
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